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Franchise Picks
Amramp
 

Amramp provides safe access for people with mobility concerns at home and other venues. Amramp provides steel modular ramp systems for purchase or rental with no minimum length of ramp or amount of time. Patented ramp systems are delivered in days. Amramp franchises are home-based with corporate office support. Named one of the “Top 10 Franchises for a Recession” by the Online Marketing Network.

Franchisor Background

Year Established:

  1970

Franchising Since:

  2002

Operating Units:

Franchised Units:42 97.7%  
Company-Owned Units:1 2.3%  
 ______ _____  
Total Operating Units:43 100%  
 

Geographic Distribution:

U.S.:43 100% In 32 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:43 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Virginia3
2. Florida4
3. Pennsylvania4

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Michigan, Minnesota, New York, South Dakota, Virginia, Washington, Wisconsin, Alberta

Financial Requirements

Investment:

Minimum Net Worth:$Varies
Cash Investment:$Varies
Total Investment:$122-205K
Average Total Investment:$164K
 

Fees:

Initial Franchise Fee:$49,250
Average Franchise Fee:$98K
On-Going Royalty:12%
Average Royalty:12%
Advertising Fee:1-3%

Average Number of Employees:

   Varies Full-time, Varies Part-time

Space Needs (in square footage):

  

Preferred Sites:

   Home-based

Other Sites:

  

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   Yes

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:Yes
Franchisee Association/Member:No
Size of Corporate Staff:19
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:Yes
Regional Advertising:No
Local Advertising:No
Marketing Materials:Ad Slicks, Brochures, Direct Mailers, Promotional Items, Radio Ads, Site Signs, Trade Show Exhibits, Videos
Additional Services:In-house Marketing, Newsletter, Online Extranet, Press Releases
Other Marketing Support:Estimating Department, Call Center, Accounting
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 

Training:

1. South Boston MA CorporateOne Week - Travel & Lodging Not Included
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:4
Specific Industry Experience:2
Formal Education:3
Psychological Profile:3
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

   9
U.S.:Yes, CA, WA, AL, MS, LA, PA, FL, IN, CO, WI, CH, TN, MI
Canada:Yes, Ontario, Alberta
Overseas:No
 
 
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